How Much Does Commercial Real Estate Cost? Here’s Where to Find Out
- Xavier DS
- Jun 19
- 2 min read
Updated: Jul 27
If you're looking for commercial space, whether it’s for a retail shop, office, warehouse, or something else, one of the first questions is: “How much is it going to cost me?”
The answer depends on a lot: location, square footage, property type, amenities, lease structure, and more. But you can get a ballpark sense before speaking with a broker.
Here’s how to start.
1. Check Local Listings Platforms
Commercial listings sites give you a snapshot of asking prices for both leases and sales. Try these:
LoopNet: The most widely used platform for commercial listings across the U.S.
Crexi: A growing alternative with strong filters and off-market inventory.
CityFeet: Focuses on small business–friendly spaces in urban markets.
42Floors: Better for office leasing in major metros.
Zillow Commercial: Limited, but can give rough sale pricing in certain areas.
Tip: Filter by property type (retail, industrial, office) and your target square footage. Compare a few listings in your area to get a range.
2. Search Local Economic Development or Chamber Websites (mostly for industrial)
Some local economic development organizations (EDOs) or chambers of commerce publish real estate guides or market reports. These might include:
Average lease rates by neighborhood
Market trends for specific industries
Incentive programs that affect costs
Search for “[Your City] + economic development + site selection” or “[Your City] + commercial real estate report.”
3. Use National Market Reports from CRE Brokerages
Big brokerages regularly release free research reports showing average rents, cap rates, and vacancy rates by city or region. Try:
These reports are more relevant if you're looking for larger spaces or investment property, but still helpful to understand trends and pricing expectations.
4. Talk to a Broker (It’s Free!)
Online research is helpful, but brokers have real-time insight into actual deal terms, off-market options, and what landlords are willing to negotiate.
Even if you're early in your search, it’s worth reaching out. Most brokers work on commission paid by the landlord or seller, not you.
They can help you:
Make sense of market comps
Find realistic options in your budget
Avoid wasting time on overpriced or outdated listings
Ask our team to find you a great match!
The Bottom Line
Before you fall in love with a space or overestimate what your budget can get, take the time to research:
Online listings platforms
Local EDOs or chambers
National CRE research
And most importantly, local brokers who know the real numbers so you don't end up being out of budget.
Commercial real estate pricing can be complex, but the right info, and the right expert, can make it manageable. BrokerMatch helps you find the right professional!
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